Global Hydrogenated bisphenol A Market: Overview

Hydrogenated bisphenol A (HBPA) is a saturated dialchol with a cycloaliphatic structure produced by dehydrogenating bisphenol. With a configuration similar to bisphenol A, it is available as a white, flaked material soluble in a wide range of organic solvents. Hydrogenated bisphenol is used as a raw material for various engineering plastics and paints such as epoxy, unsaturated polyester, polycarbonate, polyurethane, polyacrylate, and polysulphone. It is also employed in the preparation of alkyd, polyester, and epoxy resins, in which color stability and improved weatherability are important to ensure lasting quality. The aromatic groups of bisphenol A are highly rigid, leading to polymers with mechanical strength and high glass transition temperatures. As a result, bisphenol-based resins and polymers find application in consumer products and medical devices. For instance, bisphenol-derived resins are employed in coil and can coatings in food & beverages containers. Bisphenol-based polycarbonates and their copolymers also produce baby bottles, tableware, and water bottles, apart from applications in casting, laminating, coatings, and fiber production.

In recent years, bisphenol-based resins have been under scrutiny due to health concerns. These polymers are susceptible to degradation and yellowing upon exposure to light, heat, and certain chemicals. With their degradation, BPA and its derivatives can make their way into the content of the food and beverage containers or medical storage devices and subsequently into the body. This is where hydrogenated bisphenol A polymers come into the picture. HBPA polymers exhibit hydrolytic stability, heat & chemical resistance, and low toxicity. Additionally, with upgrading technology, HBPA-based polymers can be formulated for their high flexibility and excellent adhesion.

The market for HBPA can be segmented by type into the epoxy resin-used, unsaturated polyester resin-used, and other varieties. Based on application, the market can be bifurcated into the epoxy resin and unsaturated polyester resin categories. Epoxy resins containing HBPA are employed for making paints, adhesives, a variety of protective coatings, as well as electrical laminates for printed circuit boards (PCBs). Cured epoxy resin offers protective liners on the inside of cans used for packing foods and beverages to maintain their quality. Because of a combination of desirable properties such as toughness, chemical resistance, and adhesion, HBPA is also used in protective coatings.

In terms of regional outlook, Asia Pacific dominated the global HBPA market, accounting for a share of over 50% in the total consumption in 2015. It represents a majorly important market for the HBPA industry, mainly driven by emerging economies such as China and India. The overall HBPA market is propelled by increasing demand from key end-user industries such as automobiles, construction, can manufacturing, and electrical & electronics. However, volatile crude oil prices have remained a major concern for manufacturers of HBPA and they may act as a restraint.

Key players operating in the global Hydrogenated bisphenol A market include Maruzen Petrochemical, New Japan Chemical, Way Pharm, Milliken Chemical, Avera Chemicals Inc. Yangzhou Baohua Chemical Technology Development Co.,Ltd., and Puyang Huicheng Electronic Materials.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Hydrogenated Bisphenol A Market

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